Astra Microwave Products Shows Strong Momentum Amidst Defence Sector Growth

Astra Microwave Products, a midcap player in the defence sector, has shown significant activity today, gaining 5.03% as of May 9, 2025. The stock opened lower, down 2.52%, but quickly rebounded, reaching an intraday high of Rs 875.75, reflecting a 5.24% increase from its previous close. The stock's performance today has outpaced the sector, which has risen by 2.78%.
In terms of moving averages, Astra Microwave is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend in its price momentum. Over the past month, the stock has surged by 27.19%, significantly outperforming the Sensex, which has gained only 7.72% during the same period.

Looking at longer-term performance, Astra Microwave has delivered impressive returns, with a 3-year increase of 265.36% and a remarkable 5-year growth of 1338.53%. In contrast, the Sensex has seen a 46.04% rise over three years and 151.39% over five years. Overall, Astra Microwave Products continues to demonstrate robust performance metrics in a challenging market environment.